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economists blame everything from sandy to worries over the fiscal i cliff. >> reporter: the fiscal cliff is still three weeks ago the economy may have already taken a hit economists predict the jobs report will show employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >>
economists blame everything from sandy to worries over the fiscal i cliff. >> reporter: the fiscal cliff is still three weeks ago the economy may have already taken a hit economists predict the jobs report will show employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. --...
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Dec 5, 2012
12/12
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stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and bookmakers are taking odds. bets are being taken to if name of the expected babies. traditional names of royals such as elizabeth, victoria and williams are still the favorite. >>> a hollywood landmark is getting a make over. the last minute opposition to a bay area sheriff's purchase of an aerial drone. >> it's like the worse nightmare imaginable. it's like this isn't true. >> while in dialysis and (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and...
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Nov 30, 2012
11/12
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. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
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Dec 6, 2012
12/12
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KICU
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. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year
. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your...
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Nov 30, 2012
11/12
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KPIX
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. >>> we have about a month until we fall off the fiscal cliff. but lawmakers don't seem any closer to pulling us back from the ledge. the president's plan includes $1.6 trillion in new tax revenue in exchange for $400 billion in entitlement cuts. but it doesn't say where the savings will come from. republicans called it an insult. >> despite that claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. >> we are waiting for some specifics, some where, from our republican colleagues to show that they're serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and steep budget cuts will kick in. >>> the president and mitt romney met face-to-face today for the first time since their contentious campaigning. aides say they discussed american leadership in the world and pledged to stay in touch. >>> the supreme court could take up california's same-sex marriage debate as far as tomorrow. we'll know as soon as the court posts a list of cases it plans to
. >>> we have about a month until we fall off the fiscal cliff. but lawmakers don't seem any closer to pulling us back from the ledge. the president's plan includes $1.6 trillion in new tax revenue in exchange for $400 billion in entitlement cuts. but it doesn't say where the savings will come from. republicans called it an insult. >> despite that claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. >> we...
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Nov 29, 2012
11/12
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KNTV
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wall street thinking about the fiscal cliff. recent moves in washington do feel encouraging, so futures are positive. that can and does reverse itself pretty easily. and jon and laura, just a few minutes ago we got the latest gdp numbers. the u.s. economy grew 2.7% in the july to september quarter. that's better than expected. >> all right, scott, thank you very much. good vibrations there. >>> right now we are watching that weather as we get a little break before a second storm heads right here to the bay area. >> time to check in with meteorologist christina loren. >> a very active forecast continues. good morning to you. the first week of december is going to be kind of rough across the bay area. start with this live picture over san francisco where we don't have any fog. no rainfall in this area. yesterday we had three-hour flight delays, so the good news for travelers is it looks like flights are leaving on time this morning. we'll continue to track that for you. we have a lot of cloud cover overhead. you'll notice that as
wall street thinking about the fiscal cliff. recent moves in washington do feel encouraging, so futures are positive. that can and does reverse itself pretty easily. and jon and laura, just a few minutes ago we got the latest gdp numbers. the u.s. economy grew 2.7% in the july to september quarter. that's better than expected. >> all right, scott, thank you very much. good vibrations there. >>> right now we are watching that weather as we get a little break before a second storm...
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january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is going on in washington. bloomberg index this morning a little lower. another positive report on home prices up 6.3% in october biggest jump since june of 2006. pending forecast indicates november index up more than 7% in california better, up more than 9% in october. live at the new york stock exchange, i'm jane king. >> you passed on grease how about a little singing in the rain? >> [ unintelligible ] >> if mike wants to sing, go ahead. >> sing and dance. >> soft shoe over there. >> i have an umbrella for you. you -- good morning. 6:48, looking from mount tamalpais this morning back down on what is mainly cloudy to the south, turning to the no
january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is going on in washington. bloomberg index this morning a little lower. another positive report on home...
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Dec 1, 2012
12/12
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>>pam: president obama is taking his fight over the fiscal cliff to the public... and he sounds like he is back on the campaign trail.. and once again - he and house speaker john boehner... do 'not' sound close to a deal. heenan explains. >> president obama took his case on the road.... visiting a toy factory in pennsylvania... where he told an audience that failing to extend tax cuts for the middle class would mean a 'scrooge christmas' for millions.. >> if congress does nothing, the taxes will go up for every family. on january 1st. i am assuming that is not a sound too good to you. >> we now know that when the treasury secretary presented the latest white proposal on avoiding the fiscal cliff to house speaker john boehner thursday --house speaker john boehner says that the idea of boosting revenue by 1.6 trillion over the next decade would be a 'crippling blow' to the economy. >> ".we're at a stalemate.. .let's face it...." >> "vhope that's a figure of speech. shouldn't be talking about a stalemate." we should not even think of that term of a stalemate. >>cather
>>pam: president obama is taking his fight over the fiscal cliff to the public... and he sounds like he is back on the campaign trail.. and once again - he and house speaker john boehner... do 'not' sound close to a deal. heenan explains. >> president obama took his case on the road.... visiting a toy factory in pennsylvania... where he told an audience that failing to extend tax cuts for the middle class would mean a 'scrooge christmas' for millions.. >> if congress does...
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Nov 30, 2012
11/12
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lawmakers are edging ever closer to that year-end fiscal cliff. today we'll get data on personal incomes and spending and manufacturing. the dow ended the day up 36 points to 13,021. the nasdaq up 20 to 3012. with one day left to go in november, the nasdaq and the s&p 500 are in the black for the month, but the dow is still in the red. >>> president obama today heads to pennsylvania to tour a toy factory outside philadelphia as he continues to push republicans to let the bush aera tax cuts expire for people who make more than $250,000 a year. tim geithner made the president's case yesterday meeting with the four congressional leaders on capitol hill. reports say the president's first salvo calls for tax increases, $50 billion in the infrastructure spending and the power to raise the debt ceiling without congressional approval. as you can imagine, guys, congress did not take very well to that, particularly on the republican side. but 31 days and counting here. >> here we go. >> the countdown is on. a lot of salty people on capitol hill. see if they
lawmakers are edging ever closer to that year-end fiscal cliff. today we'll get data on personal incomes and spending and manufacturing. the dow ended the day up 36 points to 13,021. the nasdaq up 20 to 3012. with one day left to go in november, the nasdaq and the s&p 500 are in the black for the month, but the dow is still in the red. >>> president obama today heads to pennsylvania to tour a toy factory outside philadelphia as he continues to push republicans to let the bush aera...
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Nov 30, 2012
11/12
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. >>> both sides dig in on the "fiscal cliff." the president hits the road. >> will the powerball winner step forward? new surveillance video of the man who may have matched all the numbers. >> wind, rain and waves too. a powerful storm making its way through the bay area. where it's headed coming up next. ,, ,,,,,,,,,,,,,,,,,, >>> well, we have a look at hi- def doppler right now. it tells the story. a massive slow-moving storm right over the bay area right now. the yellow areas are some of the heavier cells and a lot of that up in the north bay right now. flood warnings in sonoma county it's a mess. if you can stay home good day to stay indoors. >> no kidding. >> this morning on the bay bridge i had two hands on the steering wheel because the wind was kicking in. >> this is no doubt about it, it is a horrible commute. we have three traffic alerts. we continue to get new flooding reports including sfo. we'll get to all of it in just a minute. in the meantime, let's go out towards el charro. hopefully you can see that westbound 58
. >>> both sides dig in on the "fiscal cliff." the president hits the road. >> will the powerball winner step forward? new surveillance video of the man who may have matched all the numbers. >> wind, rain and waves too. a powerful storm making its way through the bay area. where it's headed coming up next. ,, ,,,,,,,,,,,,,,,,,, >>> well, we have a look at hi- def doppler right now. it tells the story. a massive slow-moving storm right over the bay area...
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Dec 7, 2012
12/12
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cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation. >> the rails are like three to 4 feet. if you don't pay attention, you can fall. he fell yesterday. >> the raiders did issue a statement. the team had no information beyond what authorities are releasing. their thoughts and prayers are with the family and friends. >>> coming up in a few minutes, roger good dell will say where the raiders shall play in the future and who would pay to build a new stadium. >>> this couple ac
cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the...
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Dec 5, 2012
12/12
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both have concerns about the fiscal cliff conference. and remember he meets with them top ceo's. coming up the one issue where president obama is refusing to budge in those fiscal cliff negotiations. >>> right now 5:07. we want to check back in with tara who is in for sal. definitely wet roads out there. >> reporter: we do have an accident to report. this is a big rig verses a small pickup truck and an ambulance is on the way. we understand there are injuries involved. here it is right here. 880 northbound near the grand avenue exit. we had somebody needs an ambulance basically. we are keeping an eye on it. all right. up next we will take a live look at 280 in san jose. you can see traffic is actually flowing nicely in both directions. and it's 5:08 let's check in with steve. >> thank you tara. >>> our system is finally moving. this is the last one. it cannot hold a candle to the three that came in before. i will show you rain totals in a second. light rain, drizzle, fog, cloudy. once in awhile moderate rain falls. our system the most amounts were left in the north bay. quarter t
both have concerns about the fiscal cliff conference. and remember he meets with them top ceo's. coming up the one issue where president obama is refusing to budge in those fiscal cliff negotiations. >>> right now 5:07. we want to check back in with tara who is in for sal. definitely wet roads out there. >> reporter: we do have an accident to report. this is a big rig verses a small pickup truck and an ambulance is on the way. we understand there are injuries involved. here it is...
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Nov 30, 2012
11/12
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lawmakers are edging closer to that year-end fiscal cliff, 31 days and counting now. today we'll get data on personal income, spending and manufacturing. we've got the futures pointing to a higher start. we'll see if the dow can extend its gains. it closed up 36 points to 13,021. the nasdaq up 20 to 3012. with one day to go in november, the nasdaq and the s&p 500 are in the black, but the dow is still in the red for the month. >>> zynga and facebook have changed their friend status. they're not as attached to one another. the companies have amended the terms of their partnership so zynga will no longer have to display facebook ads or use facebook payments on its own site or use facebook as the exclusive social site for its games, which include words with friends and farmville. facebook will be allowed to develop its own games after the end of march. so i wonder if we'll start seeing a lot of new games and more of those little announcement that say someone just bought a cow or bedazzled their tractor. can you bedazzle your tractor? >> maybe that's a game. create an app
lawmakers are edging closer to that year-end fiscal cliff, 31 days and counting now. today we'll get data on personal income, spending and manufacturing. we've got the futures pointing to a higher start. we'll see if the dow can extend its gains. it closed up 36 points to 13,021. the nasdaq up 20 to 3012. with one day to go in november, the nasdaq and the s&p 500 are in the black, but the dow is still in the red for the month. >>> zynga and facebook have changed their friend...
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Dec 4, 2012
12/12
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KRON
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they're all concerned about the upcoming fiscal cliff. u.s. factory productions-- hope seems to be growing dimmer that we will avoid this. >> watching pandora. the internet radio co. will be giving their quarterly numbers. the airports have been shut down and it is a clerical union strike. this is in its second week and the good news is that it is sending--the strike is costing a billion dollars a day. we're also watching the oil companies. this year to avoid the tax with the fiscal cliff. >> a warning from the centers for disease control this coming flu season could be a particularly bad one. if you have not got a flu shot, you might want to consider it. dr. randy bergen with kaiser in walnut creek says that the strain of the flu is also more polled net this year which is why everyone over the age of 6 months to get a flu shot. especially those most at risk. many people avoid the flu shot out of fear that it will give them the flu. not true says dr. bergen. >> according to the cdc's more than a third of americans have been vaccinated, and the
they're all concerned about the upcoming fiscal cliff. u.s. factory productions-- hope seems to be growing dimmer that we will avoid this. >> watching pandora. the internet radio co. will be giving their quarterly numbers. the airports have been shut down and it is a clerical union strike. this is in its second week and the good news is that it is sending--the strike is costing a billion dollars a day. we're also watching the oil companies. this year to avoid the tax with the fiscal...
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Nov 29, 2012
11/12
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cliff. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on the heels of staggering jackpot of 579 million dollars. two winners, arizona and misery -- arizona and missouri. >>> 5:36. let's see what is going on with the weather. . >>> good morning. up in the north bay, clover lake, clear lake, dry creek road light showers will continue to increase throughout the afternoon south afternoon novato into san rafael, light showers, lucas valley road, damp, winds are breezy this is in advance of this next system, look at this these thunderstorms offshore, these are going to sta
cliff. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on...
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Dec 5, 2012
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to make some kind of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he talks, for example, about a 800 billion dollars billion worth of revenues, but he says he will do that by lowering rates. when you look at the math, it doesand he won't agree to eliminate a tax dedication >> "every hospital and university and not for profit agency across the themselves on the verge of realistic option." >> but the president didn't say all this to speaker boehner -- he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president
to make some kind of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert...
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Dec 2, 2012
12/12
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. >>> president obama pushed lawmakers to prevent the so- called fall off the fiscal cliff. >> every family will see their income taxes automatically go up. a typical middle-class family of four will see taxes rise by $2200. >> the president taped his address yesterday during a visit to a toy factory in hatfield, pennsylvania. he said allowing taxes to rise for the middle-class would amount to a lump of coal for americans at christmas time. >>> mexican president-elect enrique pena nieto took office today talking about the challenges that face his nation. >> we are a nation that is going at two different speeds one that is progress and development, but there is another mexico, that lives in the abandonment and poverty. >> president nieto says the inauguration marked the return of the institutional revolutionary party after 12 years out of presidential mansion. at least four demonstrators and four police officers were injured. 65 people were arrested. those opposed to mr. nieto says he used handout and giveaways to sway voters. . >>> authorities say a linebacker for the kansas city chi
. >>> president obama pushed lawmakers to prevent the so- called fall off the fiscal cliff. >> every family will see their income taxes automatically go up. a typical middle-class family of four will see taxes rise by $2200. >> the president taped his address yesterday during a visit to a toy factory in hatfield, pennsylvania. he said allowing taxes to rise for the middle-class would amount to a lump of coal for americans at christmas time. >>> mexican...
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Dec 3, 2012
12/12
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. >>> republicans and democrats are in a stalemate in negotiations to avoid that "fiscal cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was on capitol hill to present the plan to congress. >> i was flabbergasted. i looked at him, i says, you can't be serious. >> reporter: president obama wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the
. >>> republicans and democrats are in a stalemate in negotiations to avoid that "fiscal cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a...
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Dec 5, 2012
12/12
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stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and bookmakers are taking odds. bets are being taken to if name of the expected babies. traditional names of royals such as elizabeth, victoria and williams are still the favorite. >>> a hollywood landmark is getting a make over. the last minute opposition to a bay area sheriff's purchase of an aerial drone. >> it's like the worse nightmare imaginable. it's like this isn't true. >> while in dialysis and battling cancer someone stole his beloved dog. the unlikely scenario that brought the two back together. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken nood
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and...
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. >>> president obama speaks to business leaders this morning over how to avoid the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over the embarcadero. not so heavy we can see the ferry building and the bay bridge enough that it is causing ponding on the embarcadero this morning that's what most of us are going to run into especially east bay highway 4 connects to 680 south of vine hill coming into concord pleasanton down to walnut creek latest update light to moderate rain especially overconcord and pleasant hill highway 4 bay point, pittsburg, antioch highway 4 commute which is usually treacherous any way is going to be wet. heavy rain starting towards san rafael,
. >>> president obama speaks to business leaders this morning over how to avoid the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right...
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Dec 5, 2012
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both have concerns about the fiscal cliff crisis. he will lead with the ceos of business leaders and then later, he will meet with native- american tribal leaders. the one issue where he's refusing to budge in fiscal cliff issues. >>> the voters passed prop 30, which raises taxes on people who earn more than $250,000 a year. it also increases the sales tax. well, the ucla and der son forecast says because of prop 30 -- anderson forecast says because of prop 30, unemployment will not improve as fast and personal income will be less than expected. but economists say california is still on track for economic growth and more jobs. >>> well, sheriffs in solano county want your help. they are trying to catch vandals who damaged a home known for its holiday displays. every year, bob and linda taylor transform their home in vallejo on glencove road into a christmas wonderland. but this year, someone ripped down some of their lights and dragged them in the streets and they were run over. the taylors say the lights can be fixed an santa claus
both have concerns about the fiscal cliff crisis. he will lead with the ceos of business leaders and then later, he will meet with native- american tribal leaders. the one issue where he's refusing to budge in fiscal cliff issues. >>> the voters passed prop 30, which raises taxes on people who earn more than $250,000 a year. it also increases the sales tax. well, the ucla and der son forecast says because of prop 30 -- anderson forecast says because of prop 30, unemployment will not...
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economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months before the bread brand wraps up again. >>> estimated 300 million dollar magic kingdom make overincludes pagers so and serving beer and wine themó?5to past five years. >>> abc7 is owned by disney. >>> big change that could be coming to storm warnings because of superstorm san >> dispute forcing bay area -- >>> welcome back. check out last three hours on live doppler, quiet radar returns over the ocean is the beam shooting into the clouds nothing is talling but moist with mist hanging in the -- nothing is falling but moist with th
economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months...
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lawmakers are are they any closer to keeping the country from falling off the fiscal cliff? we'll explain just ahead. >>> also sky high. we'll tell you about the new plan to have downtown san jose standing tall, only on nbc bay area. >> it is a wet friday out there. h2o friday is what we're calling it. taking a live look at palo al toechlt ra to. a lot of power outages to report. 16,000. it could affect you at any time. stay with us for the very latest. 6:10 right now. >>> welcome back now. starting with a live look at a very wet san rafael this morning. you can see slow drives through san rafael, even though the traffic isn't heavy. you'll have to travel very cautiously as visibility is reduced by heavy downpours. let's show you the radar this morning lit up like a christmas tree as the brunt of the storm is pushing onshore as we speak. we'll track the heavier cells as they develop. 6:12. back to you for now. >>> we'll continue our weather coverage as we check in with marla tellez. she is live at university avenue out there. a lot of rain coming down near highway 101 in pal
lawmakers are are they any closer to keeping the country from falling off the fiscal cliff? we'll explain just ahead. >>> also sky high. we'll tell you about the new plan to have downtown san jose standing tall, only on nbc bay area. >> it is a wet friday out there. h2o friday is what we're calling it. taking a live look at palo al toechlt ra to. a lot of power outages to report. 16,000. it could affect you at any time. stay with us for the very latest. 6:10 right now....
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. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
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Nov 29, 2012
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it would be fun to be there. >> no kidding and that "fiscal cliff" i'm sure is going to come up. >>> a new york city nanny pleads not guilty to charges that she killed two children. yoselyn ortega is accused of stabbing a 6-year-old girl and a 2-year-old boy who were in her care. she also stabbed herself and is still in the hospital. police say the mother returned home last month and found her children dead. >>> two bp rig supervisors and a former bp executive pled not guilty to criminal charges in the deadly deepwater horizon rig explosion from 2010. the supervisors are charged with manslaughter in the deaths of 11 rig workers. the former executive is charged separately with concealing information from congress about the amount of oil leaking from the well in the gulf of mexico. >>> parents are blasting an isolation booth at an elementary school in the state of washington. but school administrators say they need it. we'll let you judge for yourself. photos of the isolation booth went viral on facebook. looks like a big safe there. the original facebook poster criticized as abusive.
it would be fun to be there. >> no kidding and that "fiscal cliff" i'm sure is going to come up. >>> a new york city nanny pleads not guilty to charges that she killed two children. yoselyn ortega is accused of stabbing a 6-year-old girl and a 2-year-old boy who were in her care. she also stabbed herself and is still in the hospital. police say the mother returned home last month and found her children dead. >>> two bp rig supervisors and a former bp executive...
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Dec 6, 2012
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. >>> if they don't take action by the end of this month they will go over the fiscal cliff. coming up, we will have the jobs that could be lost if those automatic cuts take affect. >> former president clinton is here as part of a celebrity forum speaker series. he said hillary rodham clinton is in great shape and has unbelievable stamina but she needs rest before deciding what she does next. she will not be secretary of state for president barack obama's second term. >>> it happened at the bridge toll booth. they broke the stories and at least two toll takers have been on the loose for months now. they would announce more information today. residents in san mateo counties are being asked to cut back on water. it stirred upset men at -- up set -- sediment and until they fix it, they will be importing water from further away. >>> they are making $1 million available to fix a huge sinkhole. it happened during a major storm. a clogged up storm drain added to the problems. it will allow the water to drain out of that sinkhole to get a more permanent fix. >>> stay right here with
. >>> if they don't take action by the end of this month they will go over the fiscal cliff. coming up, we will have the jobs that could be lost if those automatic cuts take affect. >> former president clinton is here as part of a celebrity forum speaker series. he said hillary rodham clinton is in great shape and has unbelievable stamina but she needs rest before deciding what she does next. she will not be secretary of state for president barack obama's second term....
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could face massive spending cuts and tax increases known as the fiscal cliff. they are talking about it in washington. today congressional republicans put forward alternative to the president plan. but tonight we are no closer to a deal. political reporter mark matthews explains what that means. >> san francisco cafe owner has been watching the cliff creep closer an hoping for rest logs. >> because if they don't it's going to be really tough. >>reporter: he's talking about employees. see the income taxes increase by a couple of thousands dollars. >> cost of living is really high and tough to make it especially in the city like san francisco. >>reporter: if congress and president can't reach an agreement income taxes will go up on nearly all americans. average family will be paying an extra 2000 to 2400 dollars a year. automatic spending cuts mean cuts to education. transportation. research and development. there's proposal to up airline fee that is could raise 1 billion dollars cutting back on those who 7 fad stamps could bring in another 4 to 16 billion over 1
could face massive spending cuts and tax increases known as the fiscal cliff. they are talking about it in washington. today congressional republicans put forward alternative to the president plan. but tonight we are no closer to a deal. political reporter mark matthews explains what that means. >> san francisco cafe owner has been watching the cliff creep closer an hoping for rest logs. >> because if they don't it's going to be really tough. >>reporter: he's talking about...
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tahman bradley has latest from washington. >> reporter: fiscal cliff talks have hit a stalemate only 29 days to go, republicans and democrats remain far apart over the weekend there was worry negotiations might fail. >> i think we are going over the cliff, it is clear they've made a political calculation. >> reporter: president obama and his team are demanding that congress allow bush era tax cuts to expire. >> there is no responsible way we can govern this country with those low rates in place for future generations those rates have to go up. >> reporter: republicans have drawn a line in the sand on raising tax rates signaling they are open to raising revenue by reforming the tax code and limiting reductions for the wealthy. >> right now i would say we are nowhere. >> reporter: president obama asking for 1.6 trillion in new tax revenue over 10 years, boehner is offering half that. the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff
tahman bradley has latest from washington. >> reporter: fiscal cliff talks have hit a stalemate only 29 days to go, republicans and democrats remain far apart over the weekend there was worry negotiations might fail. >> i think we are going over the cliff, it is clear they've made a political calculation. >> reporter: president obama and his team are demanding that congress allow bush era tax cuts to expire. >> there is no responsible way we can govern this country with...
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Dec 5, 2012
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the white house's plan to of all for a boy and the fiscal cliff. president made the certainty that business leaders will keep the country going. he will speak of the 2012 tribal nations. we will be back with more headlines in just a minute. i fought on the front page of yesterday's new york post seen here has a lot of people questioning the new york newspaper and the photographer who took the photo. the headline reads doomed pushed on the subway track, this man is about to die. the 58 year-old ki suck han is desperately calling to get off of the platform near times square. seconds after he captured the it should amish the train fatally struck hawn. he died in the york hospital leaving behind a wife and daughter. near a police guard as the questioning a suspect now. umar abbasi took the picture just moments before dahan was struck. a lot of facebook people fired off getting emotional. jacqueline said that this is so sick and ridiculous and there is absolutely no respect for human life and the grieving family of this greeting of this man. >> you coul
the white house's plan to of all for a boy and the fiscal cliff. president made the certainty that business leaders will keep the country going. he will speak of the 2012 tribal nations. we will be back with more headlines in just a minute. i fought on the front page of yesterday's new york post seen here has a lot of people questioning the new york newspaper and the photographer who took the photo. the headline reads doomed pushed on the subway track, this man is about to die. the 58 year-old...
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Nov 30, 2012
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cliff. he will make the case that congress needs to take action to stop taxes from going up on middle class consumers. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timothy geithner. the white house proposal consists of $1.6 trillion over a decade. the administration wants $50 billion for infrastructure spending in 2015. the president is offering to support an unspecified amount of spending cuts this year. >>> the $1 bill may be on its way out. congressional auditors want to do away with the dollar bill and replace them with $1 coins. they say the switch could save taxpayers more than $40 billion over the next 30 years. they are also looking at changing the metal composition of is quarters, dimes, and nickels. >>> oakland is moving forward to put more officers on the streets. two city council members are pushing to hire 20 civilians to work as technicians. they also want to bring in 11 alameda service members. >> we are askin
cliff. he will make the case that congress needs to take action to stop taxes from going up on middle class consumers. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timothy geithner. the white house proposal consists of $1.6 trillion over a decade. the administration wants $50 billion for infrastructure spending in 2015. the president is offering to support an unspecified amount of spending cuts this year. >>> the $1...
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. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year
. >>> there's been a lot of tough talk from the white house today about the fiscal cliff. treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your...
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cliff. they will discuss now to avert tax increases and spending cuts due to begin in january. >>> little progress in talks between the white house and house speaker boehner. >>> if you the past few days wishing you had -- california may be getting into the big game power ball played in 42 other states. lottery officials meet today expected to adopt regulations to join power ball on the heels of the staggering jackpot of 579 million dollars two winning tickets were drawn, sold in arizona and missouri. california retailers could begin selling the $2 tickets next year would it bring in 90 to 120 middles to help supplement education spending in -- million dollars to help supplement education in -- spending. >>> let's see if we are winners the weather race today. i think we are if you count raindrops. >>> we are still looking at two bigger storms headed our way, light showers this morning, live doppler showing most activity in the north bay up through cloverdale, ukiah, a few showers offshore al
cliff. they will discuss now to avert tax increases and spending cuts due to begin in january. >>> little progress in talks between the white house and house speaker boehner. >>> if you the past few days wishing you had -- california may be getting into the big game power ball played in 42 other states. lottery officials meet today expected to adopt regulations to join power ball on the heels of the staggering jackpot of 579 million dollars two winning tickets were drawn, sold...
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. >> the national news announced the latest on the looming fiscal cliff. house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing fo
. >> the national news announced the latest on the looming fiscal cliff. house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off...
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cliff. the president will make the case that congress has to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they aren't impress pressed the president's latest proposal that was brought to capital hill. >>> the proposal is 1.6 trillon dollars in higher taxes, they also want $50 billion for spending in 2015, in return the president is offering to support an unspecified amount of spending cuts this year and also legislation for saving up to $400 billion from programs like medicare over a decade. >> more bay area communities are considering taxes on soda. the first city to put up the idea for a public vote was richmond. that was defeated early this month but now others -- the soda industry said the tax wouldn't work because people would just go to other cities to buy their drinks. >> all right. a second storm is really hitting the bay area. steve is tracking this storm. he will tell you what to expect all day and into your weekend. >>
cliff. the president will make the case that congress has to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they aren't impress pressed the president's latest proposal that was brought to capital hill. >>> the proposal is 1.6 trillon dollars in higher taxes, they also want $50 billion for spending in 2015, in return the president is offering to support an unspecified amount of spending cuts this year and also legislation for...
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we can guess the 'fiscal cliff' might have also come up in that conversation.. today on capital hill - republicans and democrats are still blaming each other for the fact the problem hasn't been fixed.. they're talking -- but that doesn't mean they're moving any closer to an agreement... treasury secretary tim geithner - arriving for a meeting today with house speaker john boehner... the idea - they'd come up with some common ground for avoiding the fiscal cliff. the reality - according to boehner about an hour later... nothing is fixed. nothing much is happening.. >> they know where we stand. it republicans are accusing the democrats of edge of that cliff by refusing to outline possible spending cuts.. democrats say they're still waiting for a serious offer from the republicans. publicly at least - the leaders from both parties were not giving an inch. but beneath the choreographed show of frustration - signs continue to accumulate that a deal could still come...before hundreds of billions of dollars in automatic tax increases and spending cuts take effect. thi
we can guess the 'fiscal cliff' might have also come up in that conversation.. today on capital hill - republicans and democrats are still blaming each other for the fact the problem hasn't been fixed.. they're talking -- but that doesn't mean they're moving any closer to an agreement... treasury secretary tim geithner - arriving for a meeting today with house speaker john boehner... the idea - they'd come up with some common ground for avoiding the fiscal cliff. the reality - according to...
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. >>> we are now hearing there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word y
. >>> we are now hearing there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming...
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. >> the consumer is doing at the very top level is, you know, the "fiscal cliff" doesn't seem to be apparently an issue for them. >> reporter: a potential change in capital gains taxes coming up, maybe that was the driving force for the sale this time. or not. the rich may be just like you and me. they just have enough money not to care about such things. mike sugerman, cbs 5. >>> well, for the rest of us, coming up in the next half hour, the "fiscal cliff." it's staring in the face of washington. with less than a month until the deadline, why president obama is spending time on twitter. >> the new evidence linking brain damage to repeated concussions. why a bay area doctor says it's still too early to ban tackle football for kids. >>> i'm delighted for them. i'm sure they will make absolutely brilliant parents. >> the royal couple is expecting. why kate though is in the hospital and will be for several days. ,,,,,, it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little
. >> the consumer is doing at the very top level is, you know, the "fiscal cliff" doesn't seem to be apparently an issue for them. >> reporter: a potential change in capital gains taxes coming up, maybe that was the driving force for the sale this time. or not. the rich may be just like you and me. they just have enough money not to care about such things. mike sugerman, cbs 5. >>> well, for the rest of us, coming up in the next half hour, the "fiscal...
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on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> a tale of two uncomfortable pairings. first the san francisco 49ers with two starting quarterbacks. and a power lunch between the president and his former republican rival. >> bet that was fun. phil matier and willie brown join us. mr. mayor, you have had your share of photo ops over the years. what happens when the cameras go away and what do you think they had to say to one another? [ laughter ] >> it certainly wasn't pleasant. and it is not publishable and would you probably only hear it at the book of mormon. [ laughter ] >> come on. you got to be sitting there, you're in the white house, one guy won, the other guy, you know, says nice try and you had to put the slam in there, did
on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> a tale of two uncomfortable pairings. first the san francisco 49ers with two...
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as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have flooding in the two right hand lanes. so be aware of that. and then if we head over to the oakland care you can -- oakland area we have slowing through the richmond area. we also have this accident still being cleared here at buchanan street and a stalled truck on 24 near the caldecott tunnel. if we take a live look at the bay bridge toll plaza, we have a lot of rain out there. the metering lights are on. you're looking at an extra 15 minutes to get into san francisco. here's a look at highway 24 live. that stalled truck could be causing big delays. let's check in with steve. >>> tara, thank yo
as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have...
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we are less than four weeks away from falling off the so-called fiscal cliff. talks in washington are going nowhere. some republicans are speaking out against the gop's plans to fix the problem presented this week by house speaker john boehner. dana bash has the details. >> rates are going up they have to go up. >> the fact that the house gop leaders propose raising $800 billion in taxes is ruffling feathers in their own party. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves entry in the president's proposal like it is serious. >> gop senator jim demint said anti-government anti- tax paris. >> there are some that want to go the politically expedient route to give the president what he wants to get out of this mess. >> he is hardly the conservative upset with house republican leaders. the conservative action networks in this alert supporters sang card rep tell your representative tax hikes are not part of the solution. the e-mail included a not so subtle threat saying this infamous pledge cost george
we are less than four weeks away from falling off the so-called fiscal cliff. talks in washington are going nowhere. some republicans are speaking out against the gop's plans to fix the problem presented this week by house speaker john boehner. dana bash has the details. >> rates are going up they have to go up. >> the fact that the house gop leaders propose raising $800 billion in taxes is ruffling feathers in their own party. >> republicans should not be conceding that the...
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. >> as america edges closer to the "fiscal cliff" with though compromise in sight. >> if they are going to force higher rates on all americans, because they're unwilling to let tax rates go up on 2% of americans, then that's a choice we're going to have to make. >> i would say we're nowhere, period. we're nowhere! >> from across the bay to around the world... the stories that matter on "eyewitness news this morning." >> your realtime captioner: linda marie macdonald captions by: caption colorado comments@captioncolorado.com >>> good morning, everyone. it's monday, december 3. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it is 6:31 now. and the rain is over for now. but boy, what a mess to clean up now. >> no kidding! one of the biggest is a large sinkhole on mountain view drive in lafayette. cbs 5 reporter elissa harrington explains it's a road hazard as well as a health and safety issue. elissa? >> yeah, good morning. this is some of the most extreme storm damage we have seen. a 20-foot sinkhole that opened in the lafayette neighborhood that's right near the downtown. and
. >> as america edges closer to the "fiscal cliff" with though compromise in sight. >> if they are going to force higher rates on all americans, because they're unwilling to let tax rates go up on 2% of americans, then that's a choice we're going to have to make. >> i would say we're nowhere, period. we're nowhere! >> from across the bay to around the world... the stories that matter on "eyewitness news this morning." >> your realtime captioner:...
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president obama continues to focus on the looming fiscal cliff. first the president will speak to and answer questions from members of the business round table an association of chief executive officers of leading u.s. companies. later in the day president obama will address a conference of native american tribal leaders. both groom groups say they are concerned about automatic tax increases and spending cuts that will kick in come january 1st if congress doesn't act. both republicans and democrats say -- with the wars in iraq and afghanistan ending, there is support for cutting back on military spending. but many lawmakers want to avoid the automatic across the board cuts and defense budget that will kick in january 1st if congress doesn't act. they would prefer to make strategic cuts. >>> nudist are planning a city against san francisco. against-- planning a protest against city hall. they had to cover half a dozen nudist. the board voted 6-5 for final approval of a ban on public nudity. >> there is no evidence anywhere in science or any kind of
president obama continues to focus on the looming fiscal cliff. first the president will speak to and answer questions from members of the business round table an association of chief executive officers of leading u.s. companies. later in the day president obama will address a conference of native american tribal leaders. both groom groups say they are concerned about automatic tax increases and spending cuts that will kick in come january 1st if congress doesn't act. both republicans and...
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. >>> 28 days to go and counting before the country could go over the fiscal cliff. the d.c. lawmaker >>> coming up on 6:15. more than two inches around san jose, hayward, redwood city, more than three inches in livermore, oakland, san francisco more than four concord, fairfield, napa, seven to 15 inches in the north bay, check out the napa river, definitely the worst of it is over as you look at the flood stage being well moved away from same thing at guerneville russian river peaked right below. all the rivers are showing much more improvement this morning. >>> 6:13. >> still on storm watch this morning in the aftermath of the weekend storm that hit northern california one of the hardest hit areas is in lafayette. >> a neighborhood massive section of mountain view drive is gone. amy hollyfield is live with why repairs could take a while. you only have to look behind you and you get it. >> reporter: yeah, check out that hole behind me, imagine what kind of a monday morning these people are going to have. they have to navigate around this hole also dealing with severed lines,
. >>> 28 days to go and counting before the country could go over the fiscal cliff. the d.c. lawmaker >>> coming up on 6:15. more than two inches around san jose, hayward, redwood city, more than three inches in livermore, oakland, san francisco more than four concord, fairfield, napa, seven to 15 inches in the north bay, check out the napa river, definitely the worst of it is over as you look at the flood stage being well moved away from same thing at guerneville russian...
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Nov 30, 2012
11/12
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KRON
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. >> live pictures out of philadelphia where the president is talking about the fiscal cliff. an argument with republicans and how he wants things to go forward and how to avoid the fiscal cliff. the tear- gas to say >> we know how to do that but in washington nothing is easy sell there's gonna be some prolonged negotiations. all of us are going back to get out of our comfort zone is to make that happen. i am willing to do that and i am hopeful that enough members of congress and both parties are willing to do that as well. we can solve these problems. but where the clock is really taking right now is on middle-class taxes. at the end of the year middle-class taxes that are currently in place are set to expire. middle-class tax cuts that are currently in place are set to expire. there are two things that can happen. if congress does not every family in america will see their income taxes automatically go up on january 1st. every family, everybody here will see your taxes go up when the reverse. i am assuming that does not sound too good to. it sounds like the local you get for
. >> live pictures out of philadelphia where the president is talking about the fiscal cliff. an argument with republicans and how he wants things to go forward and how to avoid the fiscal cliff. the tear- gas to say >> we know how to do that but in washington nothing is easy sell there's gonna be some prolonged negotiations. all of us are going back to get out of our comfort zone is to make that happen. i am willing to do that and i am hopeful that enough members of congress and...
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Dec 1, 2012
12/12
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KRON
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obama is taking his solutions to the looming fiscal cliff to the public. where will have that story coming up. >> >> with just a month to go before the impacts of the looming fiscal cliff kick sand, president obama is taking his solutions to the public sounding at times like he is back on the campaign trail. analysts say that the combination of tax increases and spending cuts could be real the recovering economy. despite some initial sounds of cooperation after the election, the president and house speaker john boehner do not appear close to a deal. >> congress does nothing every family in america will see their taxes automatically go on january 1st. every family. that means everyone here will see their taxes go up. i am assuming that this does not sound good to you. >> when the treasury secretary issued the proposal to avoid the fiscal cliff to republicans that they laughed. house speaker stated that bulls then the revenue over the next decade would be a crippling blow to the economy. >> let's not kid ourselves. the country cannot afford nor should we try
obama is taking his solutions to the looming fiscal cliff to the public. where will have that story coming up. >> >> with just a month to go before the impacts of the looming fiscal cliff kick sand, president obama is taking his solutions to the public sounding at times like he is back on the campaign trail. analysts say that the combination of tax increases and spending cuts could be real the recovering economy. despite some initial sounds of cooperation after the election, the...
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Nov 29, 2012
11/12
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KGO
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investors closely monitoring lawmakers as they try to avert that fiscal cliff. you can see the dow up possibly optimism with secretary geithner meeting with senate leaders today. we give live to the new york stock ex >>> good thursday morning i'm meteorologist lisa argen. starting out with live doppler, wet roads in the north bay from cloverdale to clear lake it is very light rain but the showers are around from fremont into the south bay we are looking at very light returns this will be the case throughout much of the day today as we wait in anticipation for this next stronger storm system to head our way it to bring more rain, gusty winds and it will last through the overnight hours into tomorrow morning. this morning, through the afternoon light showers and a little break out there, with breezy winds. >>> 6:43. >> time to check with josh elliot for what is coming up on "good morning america." to g. do not miss a minute all coming up on "good morning america". >> josh tell scottie he's the bravest man i've ever seen. >> i agree. scottie eric says you are the b
investors closely monitoring lawmakers as they try to avert that fiscal cliff. you can see the dow up possibly optimism with secretary geithner meeting with senate leaders today. we give live to the new york stock ex >>> good thursday morning i'm meteorologist lisa argen. starting out with live doppler, wet roads in the north bay from cloverdale to clear lake it is very light rain but the showers are around from fremont into the south bay we are looking at very light returns this will...
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Nov 30, 2012
11/12
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KTVU
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cliff. the president will make the case that congress needs to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timny geithner. the white house proposal consists of $1.6 trillion in higher taxes. and want $50 billion in infrastructure spending until 2015. >>> more bay area cities are considering taxes on soda sales. the first city to put the idea up for public vote was richmond. that was defeated earlier this month. now berkeley, vallejo, and alameda county are all thinking about similar measures. the soda industry said the tax would not work because consumers would go to neighboring cities to buy their drinks without the tax. >>> if you want to you'll get a chance to play the power ballot reflection year. the california lottery commission just voted they will join the power ball game and power ball tickets will go on sale here in califo
cliff. the president will make the case that congress needs to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timny geithner. the white house proposal consists of $1.6 trillion in higher taxes. and want $50 billion in infrastructure spending until 2015. >>> more bay area cities are considering taxes on soda sales. the first city...
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Nov 29, 2012
11/12
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KNTV
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. >>> about the only good thing in the fiscal cliff is it keeps greece out of the news. let's turn to bertha coombs live at cnbc world headquarters. >> reporter: yeah, we seem to live and die by the headlines, whether the talk is happy or not coming out of washington but retailers will be in focus as they report their november sales today. despite the strong start to the holiday season, analysts expect sales to be 1.6% rise. the east coast will have a big impact from hurricane sandy. we've got target and macy's both below expectations. but on a high note small businesses hit it big on cyber monday. the digital research firm big commerce said a surge in orders drove overall revenue for small chains and mom and pop stores up 25%. the average order price was also 8% higher. online shoppers bought so much stuff local retailers were averaging about two orders per second and that is about four times the normal daily volume. but i don't know, i like shopping in store at a small boutique, mom and pop store, but i do shop online for the big department stores. maybe i'm alone on t
. >>> about the only good thing in the fiscal cliff is it keeps greece out of the news. let's turn to bertha coombs live at cnbc world headquarters. >> reporter: yeah, we seem to live and die by the headlines, whether the talk is happy or not coming out of washington but retailers will be in focus as they report their november sales today. despite the strong start to the holiday season, analysts expect sales to be 1.6% rise. the east coast will have a big impact from hurricane...
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Dec 7, 2012
12/12
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KPIX
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. >>> they are looking for a plan to a void the fiscal cliff. congressmen were on capitol hill talking about a negative impact in the spending cuts kick in january 1st. president obama failed a visit to a northern virginia family -- had a visit to a northern virginia family that that would affect if that happened. >> gives you a sense o of the costs involved in very personal terms. >> still the white house says those across the board spending cuts and tax hikes will take effect if republicans fuse to raise taxes on the wealthiest americans. >>> one of the tea party movements favorite lawmakers is is leaving the senate. south carolina republican jim demint announced yesterday that he's cutting his term short to join the heritage foundation. he said he would not run for a third term in 2016. >>> we're going to get the november jobs report from the labor department. they expect the unemployment rate to hold steady at 7.9% but they think job creation was down substantially from october because of superstorm sandy. >>> apple fans, did you know all yo
. >>> they are looking for a plan to a void the fiscal cliff. congressmen were on capitol hill talking about a negative impact in the spending cuts kick in january 1st. president obama failed a visit to a northern virginia family -- had a visit to a northern virginia family that that would affect if that happened. >> gives you a sense o of the costs involved in very personal terms. >> still the white house says those across the board spending cuts and tax hikes will take...